Calif. Puts Up 81 Acres Of Silicon Valley Land For Sale

Law360, New York (June 11, 2013, 1:32 PM EDT) -- The California Department of General Services is looking to shed 81 acres of prime Silicon Valley real estate and has put the property up for sale, hoping to lure a major corporation or real estate developer, according to a Monday announcement.

California DGS said it will weigh both the proposed purchase bids for the land, as well as the longer-term economic benefits from projects that developers plan to bring to the site when making its decision, according to a statement. Buyers have until Oct. 4 to...
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